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BACTI B - Bactiguard Holding AB News Story

SEK180 6.5  3.8%

Last Trade - 5:00pm

Mid Cap
Market Cap £511.9m
Enterprise Value £533.1m
Revenue £19.8m
Position in Universe 417th / 1793

BRIEF-Bactiguard posts Q1 loss, sales drop

Tue 12th May, 2015 7:01am
STOCKHOLM, May 12 (Reuters) - Bactiguard  BACTIb.ST  Q1: 
*Revenues amounted to SEK 28.8 (34.5) million 
*EBITDA amounted to SEK -26.8 (9.8) million 
*A changed market strategy for 
Russia and India has led to provisions for doubtful receivables. 
These provisions, together with non-recurring costs attributable 
to a strategic marketing project, have negatively affected 
EBITDA during the quarter by SEK -28.8 million. 
*Adjusted for these items, EBITDA amounted to SEK 2.0 million 
*Says deliveries of our own portfolio of infection control 
devices for healthcare were on the other hand lower than the 
year before, which we are not satisfied with. 
*The intense negotiations which have been ongoing in Iraq since 
the autumn of 2014 are currently in their final stages 
Source text for Eikon:  ID:nWkrel1553  
Further company coverage:  BACTIb.ST  
 ((; +4687001008; Reuters 
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